Jonathan D. Blattmachr

Counsel

New York
T +1.212.589.4607
F +1.212.589.4201

Overview

Jon Blattmachr’s experience in securities, commercial litigation and bankruptcy runs deep: His law career is built on a distinguished background in finance. As a former investment adviser at leading financial firms in New York, Jon made his mark by solving problems and meeting long-term goals for high-net-worth investors, institutional clients and family offices.

Today, that same desire to serve propels a practice defined by achievement, including leading multiple teams that investigate and litigate claims as a member of court-appointed counsel to the Securities Investor Protection Act (SIPA) Trustee, Irving H. Picard, for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS). Jon advises companies in litigations, transactional matters and investigations.

After advising hedge funds on the sell side during his prior career, he now counsels private funds in transactional and litigation matters. Jon also has in-house experience, having been seconded to a multi-billion dollar fund management company in New York.

Select Experience

  • Conducted direct examination of hostile witness and third-party witness, cross of expert witness, and legal portion of closing argument, and argued motions in lengthy Financial Industry Regulatory Authority (FINRA) arbitration involving registered investment adviser and broker-dealer.
  • Seconded to investment management company, working on structuring and offering domestic, Cayman, and European (UCITS) funds; seed deals with third-party hedge fund managers; fund board governance; and various litigation and regulatory issues.
  • Current member of court-appointed counsel to the Securities Investor Protection Act (SIPA) Trustee, Irving H. Picard, for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS). Jon leads multiple teams that investigate and litigate the Trustee's claims against hedge funds, investment banks, and financial institutions, including significant involvement in litigation involving complex derivative and financial products.
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Experience

  • Conducted direct examination of hostile witness and third-party witness, cross of expert witness, and legal portion of closing argument, and argued motions in lengthy Financial Industry Regulatory Authority (FINRA) arbitration involving registered investment adviser and broker-dealer.
  • Seconded to investment management company, working on structuring and offering domestic, Cayman, and European (UCITS) funds; seed deals with third-party hedge fund managers; fund board governance; and various litigation and regulatory issues.
  • Current member of court-appointed counsel to the Securities Investor Protection Act (SIPA) Trustee, Irving H. Picard, for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS). Jon leads multiple teams that investigate and litigate the Trustee's claims against hedge funds, investment banks, and financial institutions, including significant involvement in litigation involving complex derivative and financial products.
  • In a Delaware Chancery Court action, helped a minority shareholder pursue claims against a supermajority shareholder of several privately held companies, resulting in a favorable settlement for the client.
  • Helped guide a large regional bank through an inquiry into the bank's variable annuity practices in connection with a FINRA investigation.
  • Member of a team that represented a large hedge fund involved in a bankruptcy suit claiming the transaction to purchase a clothing retailer chain through a leveraged buyout was a fraudulent transfer. Handled aspects of the matter involving fraudulent transfer and preference claims, strategized with the client, researched and selected experts to aid in the case, and assisted in the preparation of defense.
  • In the defense of a private equity fund's claim against a large failed bank, negotiated with debtor counsel and drafted a successful settlement agreement.
  • In a case involving a large New York prime broker pursuing a large disputed bankruptcy claim in its former client's estate, served as second chair in depositions, researched the case, drafted motion papers and investigated documents regarding the accounts involved.
  • Prepared foundational memoranda and financial reports and strategized on a settlement with a subsidiary equipment manufacturer during the representation of a holding company in a massive tax dispute regarding a reorganized debtor. 

Recognitions and Memberships

Recognitions

  • The Legal 500 United States (2017)
    • Recommended in Securities litigation: defense
  • New York Metro Super Lawyers "Rising Star" (2014 to 2019)
  • Schulte Roth & Zabel LLP: Pro Bono Award Honoree (2013)
  • New York City Bankruptcy Advocacy Project: Dedicated Volunteer Award

Memberships

  • American Bar Association
  • New York State Bar Association
  • New York County Lawyers' Association

Blog Posts

Community

  • Central Queens Academy Charter School: Trustee, Secretary and Board Member (2016 to present)

Pro Bono

  • Co-chaired a team for the New York Civil Liberties Union and represented criminal defendants during a Sixth Amendment class action suit seeking to reform New York's public defender system. Interviewed potential plaintiffs without proper access to defenders in Washington County.
  • Advised clients on acquiring necessary information regarding bankruptcy and how to begin the process of filing for bankruptcy through the New York City Bankruptcy Advocacy Project.
  • Advised national and state-level rights organizations in connection with understanding existing and proposed changes to federal immigration laws.

Prior Positions

  • Schulte Roth & Zabel LLP: Associate (2008 to 2013)
  • Judicial Intern for the Honorable Stephen C. Robinson, U.S. District Court S.D.N.Y. (2006)
  • UBS Financial Services: Investment Associate (2002 to 2005)
  • Morgan Stanley: Sales Associate/Financial Adviser (1998 to 2002)

Admissions

  • U.S. Court of Appeals, Second Circuit
  • U.S. District Court, Southern District of New York
  • U.S. District Court, Western District of New York
  • U.S. District Court, Eastern District of New York
  • New York
  • Alaska

Education

  • J.D., Yeshiva University Benjamin N. Cardozo School of Law, 2008; Executive Editor, Cardozo Journal of Conflict Resolution
  • B.A., University of Rochester, 1997, Political Science

Blog

In The Blogs

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Blockchain Monitor
Blockchain Pilots from US Treasury, Seafood Providers, Voting Systems; Global Regulators Address Stablecoin Risks
By Jonathan D. Blattmachr, Joanna F. Wasick
October 25, 2019
In this issue: • US Treasury Announces Blockchain Pilot, Major Bitcoin Mining Facility Launches in Texas, Foreign Crypto Exchange Developments • More Blockchain Solutions for Food Safety and Telecom; Utah Voting Pilot Expands • Regulators...
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Blockchain Monitor
Multiple Enterprise Blockchain Applications Announced, SEC and CFTC Issue Guidance and Enforcement Actions
By Jonathan D. Blattmachr, Joanna F. Wasick
October 18, 2019
In this issue: • Blockchains on Broadway, Smart Contracts Make Headway, Food Supply Chain and Health Applications Continue • CFTC Says Ether Is a Commodity, Crypto Trading and Payments Markets Expand • Federal Agencies Warn on AML and...
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Blockchain Monitor
Invoices Paid on Ethereum, FINRA Application Approved, SEC/ICO Enforcement, Industry Launches Compliance Initiative
By Brian P. Bartish, Jonathan D. Blattmachr, Robert A. Musiala Jr.
October 4, 2019
In this issue: • Smart Contracts Deployed by Icelandic Retailer, Blockchain for Sneakers and DHS • Cryptocurrency Service Providers Target Mainstream Investors, FINRA Application Approved • SEC, DOJ and State Agency Enforcement Actions for...
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Blockchain Monitor
Blockchain Developments: Energy Grids, Automobiles, Stablecoins, International Regulations, SEC Enforcement
By Jonathan D. Blattmachr, Robert A. Musiala Jr., Simone O. Otenaike, Joanna F. Wasick
September 6, 2019
In this issue: • Blockchain Developments for Energy Grids, Automobiles, Enterprise Protocols • International Developments in Blockchain and Cryptocurrency Regulation • NY DFS Approves Gold-Backed Stablecoin, Financial Institutions Pursue...
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Blockchain Monitor
Blockchain for Beer Advertising and the Air Force, DOJ Tackles Crypto Crimes, More Payment Initiatives Announced
By Jonathan D. Blattmachr, Robert A. Musiala Jr., Simone O. Otenaike
August 30, 2019
In this issue: • Blockchain Applications for Beer Advertising, Hotel Booking and the U.S. Air Force • Traditional and Emerging Blockchain Payments Firms Receive Licenses, Complete Pilots • Multiple Enforcement Actions Against Crypto...
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